A well thought out and drafted estate plan should do much more than simply create a roadmap for the disposition of your estate assets when you die. Only you, with the assistance of your Missouri estate planning attorney, can decide what additional components are right for your needs and objectives; however, there are some commonly included additions, including incapacity planning. One estate planning tool that is frequently used to accomplish incapacity planning within an overall estate plan is … [Read more...]
Do You Need an Advanced Directive?
Your estate plan should do far more than simply provide a roadmap for the distribution of your assets when you die. Ideally, your estate plan will help protect and grow your assets while you are alive as well as protect you and your loved ones while you are still here. One way to do that is to include an Advanced Directive in your plan. If your current estate plan does not include one, you may be wondering “Do you need an Advanced Directive in your estate plan?” The simple answer is that … [Read more...]
Free Report: Guardianship and Conservatorship in Missouri — What You May Need to Know Someday
All too often, as we grow older our parents, grandparents, and other older family members seem to grow younger – and not in a good way. It may start with your father forgetting where he put his keys or not remembering your cousin’s name. Eventually, however, your father may get to the point where he forgets he even has a car and no longer remembers your name. For an adult child (grandchild etc.) realizing that a parent (or other loved one) is not capable of caring for himself is heart-wrenching. … [Read more...]
What Are Advanced Directives for Health Care and Do I Need One?
Throughout the course of a single day you make thousands of choices and decisions without even thinking about them. Your ability to make those decisions is something we all take for granted. What would happen though if you were suddenly unable to make decisions for yourself? Who would you want to make those decisions for you if they relate to health care treatment? In addition, are there choices you feel strongly about that you wish to have honored? If so, you should consider executing Advanced … [Read more...]
Why Incapacity Planning Should Be Part of Your Estate Plan
Creating a roadmap for the distribution of your estate assets may be the focus of your estate plan; however, a well thought out estate plan can accomplish far more than that. In fact, a comprehensive estate plan should incorporate a variety of additional goals and objectives into the plan. One of those objectives should be incapacity planning. Once you have a better idea of why incapacity planning should be part of your estate plan you will undoubtedly be ready to revise your current estate plan … [Read more...]
Do You Need an Incapacity Plan?
Hopefully, you realize the need to have a comprehensive estate plan in place; however, do you also know that you need to include an incapacity plan in your estate plan? Like many people, you may think of old age related diseases such as Alzheimer’s when you think of the possibility of becoming incapacitated. While Alzheimer’s, or another similar condition, could render you incapacitated later on in life you could also suffer a period of temporary or permanent incapacity at any time during your … [Read more...]
What Is the Difference between SSDI and SSI?
At some point in your life, you or someone you love may become disabled. A disability often creates a financial hardship along with the emotional and physical toll the disability takes on the victim. Fortunately, there are two federal assistance programs that may be able to help ease the financial burden that frequently accompanies a disability. Those programs are Social Security Disability Income, or SSDI, and the Supplemental Security Income, or SSI, program. Though both provide financial … [Read more...]
Incapacity Planning in Missouri
Incapacity Planning in Missouri from Charlie Amen The term "incapacitated person" as used in this chapter includes the term partially incapacitated person unless otherwise specified or apparent from the context. Learn more about the incapacity planning in St. Louis, Missouri in this presentation. … [Read more...]
Free Report: Incapacity Planning in Missouri
Before sitting down to work on your plan, you should give some thought to what your priorities are and what goals and objectives you want to focus on in your plan. Topics covered in this whitepaper include: How is Incapacity Defined in Missouri? How Likely are You to Suffer an Incapacity? What Can Happen Without an Incapacity Plan? Selecting Your Executor, Trustee and Other Important Roles Click here to read the whole article or download the PDF. … [Read more...]
What Is A Living Will?
Throughout our lifetimes, we make thousands of decisions. Some of those decisions are simple, day to day decisions while others are life-changing decisions. The important thing is that each of us is able to make those decisions when the time comes. There may come a time, however, where you are unable to make some of the most important decisions of your life – or death—because of your incapacity. By creating a living will, or an advance directive, you may still be able to make those decisions or … [Read more...]
